Private Banks: Latest News and Updates, Top Stories, Videos, Photos About Private Banks

RBIs Bold Move: Boosting Remuneration for Non-Executive Directors in Private Banks

The Reserve Bank of India (RBI) has increased the maximum compensation for non-executive directors (NEDs) in private banks from Rs 20 lakh to Rs 30 lakh per annum, aiming to attract qualified individuals and enhance the efficiency of bank boards....

Huge Shift In Indian Banks Dividend Payout Ratios Soon; RBI To Modify Rules, A Lot Will Depend On NPAs

The Reserve Bank of India (RBI) has released a draft circular which tightens guidelines for Indian banks in case of their dividends distribution and remittance of profits to Head Office by foreign banks. RBI has invited comments from banks, market participants, ...

Private Banks Make Largest Single-Day Govt Bond Purchase Worth Rs 83.43 Billion In 7 Years

On Friday, Indian private sector banks purchased the largest amount of government bonds in a single session in seven years. According to statistics from Clearing Corp of India, these banks made the largest bond purchase since Nov. 15, 2016, for a ...

Motilal Oswal Bets On This Large-Cap Banking Stock For Robust 57% Gains, Loan Growth Remains Healthy

Motilal Oswal Is bullish on the IndusInd Bank, estimated a target price of Rs 1,300/share with a buy rating. Motilal Oswal has suggested investors buy the shares of the bank for 57% robust potential gains if the shares are brought at ...

Small Finance Banks FD Interest Rates Are Better Than Large Private Banks: Check Rates If Considering FDs

Fixed Deposit (FD) is one of the most popular traditional investment instruments, availed by a large section of Indian citizens, to have an assured income after the fixed term. This article will compare the FD interest rates offered by some of ...

BFSI-Banks: Asset Quality Pain Largely Behind; Focus On Growth Acceleration

As per a research report released by Emkay Global Financial Services the asset quality pain for most banks is largely behind and the focus now is on the growth acceleration. The one-off gains helped public sector banks to maintain a strong ...

Finance Minister Lifts Embargo On Private Banks For Govt. Businesses

FM Sitharaman's office today announced that private banks will also be allowed to participate in government businesses. So far these were the forte of public sector lenders. "Embargo lifted on grant of government business to private banks. All banks ...

Economic Survey: PSBs Better In Transmitting Rate Cut Benefit Than Private Peers

The Economic Survey tabled today in the Parliament made a comparison of how the public sector bank and private banks passed on the benefit of key policy rate cut by the RBI to existing and new customer base. As per the ...

RBI To Review Ownership And Control Of Private Banks

On Friday, the Reserve Bank of India (RBI) said that it has constituted an Internal Working Group (IWG) to review the ownership guidelines and corporate structure of private sector banks. "RBI has constituted an IWG to review the extant guidelines on ...

Are Cooperative Bank Deposits And Private Bank Deposits In India Safe?

We were doing a simple comparison and realized that the best fixed deposit interest rates, come from cooperative banks. You can easily get as much as 1 per cent, or 100 basis points higher in a cooperative bank deposits. Some ...

Why A Loan From A Public Sector (Government) Bank Is Better Than Private Sector Bank?

This is the often asked question by many individuals desiring to take a loan: Should we take a loan from a private sector bank or a public sector bank in India? Of course, if you want the loan cheaper and ...

Private sector lenders foresee increase in loan demand post elections

As per a Reuters report, two of the private lenders, including ICICI Bank and Axis Bank who beat the street estimates for the Q4 FY 2014, with an upbeat 15% and 18.5% increase in net profit, are foreseeing a spurt in ...

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